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. it is not in chrysler. a it is in -- put in the hands of the vulture. now, what have they done besides the congo takedown? i don't know if the romney's are in on it as i would need to see their 2009 taxes. i have asked. the dog ate it. but i was able to do some investigation and i did find that one thing for certain, that they were part and parcel of a move move bond enjoyed because it's illegal, the vulture's activity in the congo and europe and elsewhere. it's not illegal in the united states where the vultures landed in detroit. now folgers fees when things die. so when mr. romney says, let detroit go bankrupt, but it died, what we are doing is creating a feast for the vulture. here is what they did. the u.s. government under obama and under by the way george bush -- it's not obama's bailout even though he pumps his chest and takes the applaud and beatings for it, was created by george w. bush voted in october and december. it was taken over by obama in the meantime. the a bomb administration picking up for bush came up with a deal to save three companies, general motors, chrysler and delphi.
with chrysler. >> if you read my book, i talk quite a bit about gm. and you know, charles wilson is a guy who allegedly said was good for gm is good for america. actually never said that. i looked into it. i was going to use the quote because i got a character is the of corporatism in this type to think of a feeding the elites, the incumbent industry. he didn't say that. in fact, he was a courageous guy. he cut defense budgets by 20% in the late 1950s and those defense cuts, budget cuts in the late 1950s or the number one reason we have silicon alley. a plot of radio engineers had moved out there. it's a beautiful part of the country. suddenly they didn't have jobs and those people said well, we want to stay here and they created eventually intel and all the rest of that, right? so we were in a very tenuous moment. at a financial crisis. there is a financial crisis that led to the crisis in ottawa industry. adding on top of that psychologically the failure of the big three automakers, tough. tough call. by the way, i don't know what anybody in the presidential election mentions this as a bush
with you, is the government right to build chrysler and the other companies? ericson: definitely not. can i say one more thing about health care? mulken absolutely, definitely not. business should be the cream rises to the top. struggle as you might. it's just totally and completely wrong. that's what you call socialism and communism and it's taking from everyone to make a few people wealthy. it's wrong. >> section 10 of the u.s. constitutional amendment says the government is prohibited from creating walls or establishing organizations aimed at supporting more competing in the market for goods or services and shouldn't the states for the states run goods and services. regulatory laws governing the market shall be constrained by applicable sections of the constitution as amended. congress has six years from the date of ramification to adjust the current law and eliminate federal organizations and payment to the steve organizations to support or provide marketable goods and services. >> moderator: thank you. mr. macgovern? macgovern: i wouldn't support the bailout of government failed busine
off. i just want to see that those bailouts of gm and chrysler benefited nascar because they took all the money the taxpayers gave them and they put it back into nascar because they were still sponsoring it. also, this president does not care about the middle class. we have only had one res on the social security. my mother got a $30 raised, and this is going on for years now. he gets back in we will not get another one. the only reason he gave this one is because of the election. >> host: all right, reid willson. >> guest: with nascar, i will use this opportunity to plug the hot line a little bit if you don't mind. we put up an interesting post last week by two republican named michael shannon and will feltis on the consumer habits and how much they like their sports and which sports the like and how that correlates to the voting data. as you can imagine, nascar is a pretty republican sport but it's interesting to hear that apparently they're getting bailout money. i have not heard that. but check that out. go to hot lineon call.org and see what that says about your politics. >> host
Search Results 0 to 3 of about 4

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